Sarah Palin on debt ceiling: ‘Reload,’ don’t ‘retreat’
Returning to the gunplay-flavored rhetoric that has become a trademark, the prospective presidential candidate urged conservatives in Congress on Wednesday evening not to back down ...
View ArticleHouse votes against debt ceiling increase
The House of Representatives voted Wednesday to reject a request by President Obama to raise the debt ceiling — a largely symbolic vote, since the ...
View ArticleJohn Boehner lays out fiscal plan, knocks Obama for lack of courage
Speaker John Boehner (R-Ohio) on Tuesday vowed to only raise the debt ceiling if President Obama and Democrats agree to an greater amount of spending ...
View ArticleReminder: We’ll be hitting the debt ceiling before the end of 2012
The clock is ticking and the results are going to start trickling in soon, but I can’t just sit here twiddling my thumbs for another ...
View ArticleDebt limit complicates deficit talks
President Obama and congressional Republicans on Wednesday ratcheted up their threats on an increase in the debt ceiling, complicating fiscal-cliff negotiations that had already stalled ...
View ArticleCorker introduces bill trading nearly $1T in entitlement cuts for...
Sen. Bob Corker (R-Tenn.) introduced a bill Wednesday to trade nearly $1 trillion in entitlement savings for an equal hike in the debt ceiling. Corker ...
View ArticleObama sends warning shot to Republicans on debt-ceiling increase
President Obama on Saturday sent a cautionary note to GOP leaders ahead of the looming debt-ceiling debate, warning the Republicans that anything but a timely ...
View ArticleDebt ceiling fight may come sooner than anticipated
The political battle over raising the national debt ceiling may come sooner than expected. “Based on financial data from Treasury, we estimate that the government ...
View ArticleMore Than 20 House Democrats Urge Obama To Raise Debt Ceiling Unilaterally
House Democrats say President Barack Obama should consider invoking a little-known constitutional provision that they say gives him the power to raise the debt ceiling ...
View ArticleSenate Dems: We’ll back Obama if he raises debt limit unilaterally
Senate Democratic leaders have sent a letter to President Obama pledging their support if he raises the debt ceiling unilaterally in the face of Republican ...
View ArticleGeithner: US could default by mid-February
Treasury Secretary Timothy Geithner warned Congress on Monday that the U.S. could default on its payment obligations as early as mid-February. Geithner, who has been ...
View ArticleObama: GOP ‘holding a gun at the head’ of American people
President Barack Obama held the final press conference of his first term by demanding that House Republicans raise the $16.4 trillion debt ceiling. Republicans, alleged ...
View ArticleRyan: House GOP discussing short-term hike to debt ceiling
House Republicans are discussing a short-term debt ceiling increase to buy time for broader deficit reduction negotiations with Democrats, Rep. Paul Ryan (R-Wis.) told reporters ...
View ArticleEconomic Face Off
Take heart: There is more going on than meets the naked ear. Yes, the mud-slinging contest that has replaced serious policymaking in Washington continues, with ...
View ArticleBudget experts say prolonged debt-ceiling debate a ‘big mistake’
Prolonging a debt-ceiling debate could be catastrophic for the U.S. and world economies and should be off the table for negotiation, some budget experts argued ...
View ArticleHouse Raises the Debt Ceiling
The House of Representatives has passed legislation known as the “No Budget, No Pay Act” to raise the debt ceiling, funding the government through borrowing ...
View ArticleSenate approves debt-ceiling bill in 64-34 vote
The Senate on Thursday approved legislation that prevents the U.S. from hitting its debt limit until May 19, sending the legislation to President Obama. In ...
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